The Australian Dollar (AUD) continues to rally against the Euro (EUR) extending moves 2 straight weeks to 0.6075 (1.6460), a 4% shift off early August levels. Earlier eurozone trade surplus surprised to the topside helping to boost the EUR for a bit before the Aussie retained momentum. On the calendar this week is eurozone manufacturing and the Jackson Hole Symposium which could throw up surprises.
Current Level: 1.6474
Resistance: 1.6700
Support: 1.6200
Last Weeks Range: 1.6522- 1.6747